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- Price - Price Calculator
The Price Calculator is used when you want to calculate the retail price for a product. The Price Calculator is split into two tabs and helps you to calculate the cost price, gross profit and retail price. Here you can try out different prices and gross profit margins, making it easier to optimise their combination.
If you activated that the Company wants to track the price history for
products the Price
Calculator will open automatically
when you click New or Edit in the Price tab of the Product
Register.
How to change the price for a product
Open the Price calculator to calculate/edit the sales price.
Enter Date and Time in the Prices valid from field.
A Description could be ’r;Autumn sales’. You do not have to enter anything in this field.
In the Simple tab
you can enter the most common price adjustments while in the Advanced
tab you can perform more advanced calculations.
Enter the Cost price, Expenses in terms of labour, warehousing,
transport etc. The Cost price field
displays the purchase price and
expenses.
Gross profit can either be entered as a factor,
amount or as a percentage.
If you enter an amount the percentage is automatically calculated. If
you enter a percentage or a factor the amount is calculated automatically.
Note! If you make changes to
the Cost price or Gross
profit you have to select how this
will influence the price calculation. You do this in the fields to the
right of the window.
Click OK.
The new price is being saved.
You can change the price for several products at once with the help of the Price Adjustment function. Find out more here.
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